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Right now, the Commissions imagine that this simplification will not make a big affect on the ultimate listing drawn from the intersection of the top 750 and Top 675. For functions of determining whether or not the greenback worth of the bottom weighted 25% of a selected index exceeds the $50 million (or $30 million) threshold established by the definition of narrow-based safety index, the Commissions believe that small variations in the derived ADTV for element securities are not essential. 2. Comment Letters Many of the commenters who addressed the subject of indexes traded on or topic to the rules of a overseas board of commerce did not seem to object to the proposed rule, however focused their feedback on the question of an extra rule to create different requirements for indexes traded on or subject to the rules of a international board of trade that might develop the types of indexes that could be considered broad-based mostly indexes.114 One commenter maintained that the general public interest requires the Commissions to maneuver ahead and grant relief with respect to foreign safety index contracts promptly.115 Commenters in favor of a different and extra expansive normal for when a security index future traded on or topic to the rules of a overseas board of commerce is broad-based made various arguments in assist of their view.
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